BCD Travel acquires Ticket Biz

BCD Travel, sister company to BCD Meetings & Events, has acquired Sweden- and Norway-based corporate travel management company Ticket Biz.

BCD Travel acquires Ticket Biz
BCD Travel acquires Ticket Biz

Ticket Biz is a strong regional player in the Nordic markets, with approximately 150 employees managing corporate travel and meetings and events. It has a diverse portfolio of clients and annual sales of just under €180m (£127m).

Ticket Biz will continue operating under their brand as a business unit of BCD Travel and its previous owner, Braganza, will remain a minority stakeholder after the acquisition. 

Stewart Harvey, BCD Travel’s president of Europe, Middle East and Africa, said: "With its solid reputation and focus on mid-market corporate customers, Ticket Biz complements our culture and growth goals very well. This acquisition reflects our ongoing pursuit of growth opportunities that benefit our clients by strengthening our position as a leader in corporate travel."

Per G. Braathen, owner of Braganza, said: "We’re very excited by the opportunities that BCD Travel creates for Ticket Biz to grow stronger in the Nordic region, and look forward to working together. This move will allow Ticket Biz to continue to thrive, producing value for our customers, shareholders and our staff, who will have greater exposure to how a global company operates and more paths for long-term growth."

More:

BCD Meetings & Events expands team with two new hires

In the Spotlight: Anthony Coyle-Dowling, BCD Meetings & Events

BCD Meetings & Events hires EMEA managing director

• For more case studies, as well as breaking news and in-depth features, sign up to C&IT Magazine's daily Newstracker here


Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
What the election result means for events

What the election result means for events

Following a landslide victory for the Conservative Party in the general election, what do key industry figures think about the result?

C&IT's APAC Awards now open for entries

C&IT's APAC Awards now open for entries

Brand new this year, C&IT will recognise the very best in events in the Asia Pacific region.

Which trends do corporate event planners expect to see next year?

Which trends do corporate event planners expect to see next year?

In part nine of our State of the Industry: Corporate Report, we asked corporate event planners what trends they expect to see in 2020.

Trinity Event Solutions appoints managing director

Trinity Event Solutions appoints managing director

Jenny Harding steps into a new role after ten years at the agency, where she has also been recognised for charitable work.

Top 3 incentive trends for 2020

Top 3 incentive trends for 2020

What are the biggest luxury travel requests that incentive planners should watch next year?

Plans revealed for major new Edinburgh arena

Plans revealed for major new Edinburgh arena

The 8,000 seater indoor arena in Scottish capital is expected to include conference space and hotels.

What corporate event planners want from suppliers

What corporate event planners want from suppliers

Part eight of the State of the Industry Corporate Report asks what the most influential factors are when choosing suppliers.

Australian bushfires: 'Natural phenomena and crises are always going to happen'

Australian bushfires: 'Natural phenomena and crises are always going to happen'

Tourism Australia's Penny Lion talks about the bushfire crisis and the country's booming events industry.

Top Banana hires non-executive director

Top Banana hires non-executive director

New addition brings more than 30 years experience to the agency and will mentor and advise the leadership team.

Why there's been a surge of new hotels in Perth

Why there's been a surge of new hotels in Perth

Its pristine beachfront rivals California, with massive investment in tourism creating new hotels and jobs.

LATEST JOBS